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DongKook Pharmaceutical Co (086450) Fair Value & Analysis

Healthcare · KR · Market cap 870B KRW

DP DongKook Pharmaceutical Co 086450 · KQ
Price19,300 KRW
Fair Value32,142 KRW
Upside+66.5%
Quality57/100
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Mixed Growth
Thin margins · 9.1% net margin
Low debt · generates free cash flow
0.73% dividend yield
Ranks above peers (6/9)
Moderate moat 48/100
Evidence: Medium Range 16,863 KRW – 40,898 KRW Share as image

Fair value as of: Jul 20, 2026

From 24 valuation models · updated 20 days ago

Share price +3.2% over the past month.

A solid business, screening 67% undervalued on our models.

What matters now

  • Solid quality (57/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (16,863 KRW to 40,898 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

29,900 KRW 12,623 KRW Fair Value 32,142 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.

How to read this chart

60‑month range 12,623 KRW – 29,900 KRW · fair‑value band 16,863 KRW – 40,898 KRW · the 19,300 KRW price screens below the 32,142 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

DongKook Pharmaceutical Co (086450) currently trades at 19,300 KRW, while our model-based Fair Value estimate is 32,142 KRW, implying the stock looks roughly 66.5% undervalued today. The Quality Score stands at 57/100 (solid quality), in the Healthcare sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, DongKook Pharmaceutical Co generated revenue of 646B KRW at a net margin of 9.1%. Revenue grew 10.1% year over year. Net debt stands at 11.6B KRW. Fundamentals as of Jul 20, 2026

Our scenario range runs from 16,863 KRW (bear case) to 40,898 KRW (bull case); at 19,300 KRW, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 38% below its 52-week high and 19% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -20% fair-value upside, at 67%, 086450 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF 7,929 KRW 13,702 KRW 24,197 KRW 80
Residual Income 13,332 KRW 14,916 KRW 25,769 KRW 76
Rev-Margin DCF 16,746 KRW 31,215 KRW 50,023 KRW 74
All 24 models by family
DCF Models
FCF DCF 7,973 KRW 14,198 KRW 25,651 KRW 38
Owner Earnings 16,959 KRW 31,106 KRW 57,136 KRW 31
5Y Revenue Exit 16,746 KRW 31,903 KRW 53,089 KRW 39
5Y EBITDA Exit 22,636 KRW 44,141 KRW 71,780 KRW 41
5Y P/E Exit 18,895 KRW 36,369 KRW 56,758 KRW 38
10Y Revenue Exit 13,181 KRW 26,927 KRW 49,103 KRW 36
10Y EBITDA Exit 17,905 KRW 36,142 KRW 65,234 KRW 37
10Y P/E Exit 15,359 KRW 30,290 KRW 52,269 KRW 35
Earnings-Based
Graham-Dodd 10,113 KRW 48,133 KRW 66,223 KRW 54
Lynch FV 12,805 KRW 18,293 KRW 23,781 KRW 50
PEG = 1.0 12,805 KRW 18,293 KRW 23,781 KRW 46
EPV 18,869 KRW 22,038 KRW 24,855 KRW 59
Multiples
P/E Multiple 24,539 KRW 32,719 KRW 40,898 KRW 63
P/S Multiple 18,962 KRW 25,283 KRW 31,603 KRW 58
P/B Multiple 18,962 KRW 25,283 KRW 31,603 KRW 55
EV/EBIT 28,644 KRW 37,887 KRW 47,131 KRW 53
EV/EBITDA 31,251 KRW 41,363 KRW 51,476 KRW 54
EV/Revenue 20,705 KRW 29,187 KRW 37,670 KRW 43
Asset-Based
NCAV (Graham) 7,476 KRW 10,018 KRW 14,952 KRW 50
Growth DCF
Growth DCF 7,929 KRW 13,702 KRW 24,197 KRW 80
Rev-Margin DCF 16,746 KRW 31,215 KRW 50,023 KRW 74
Economic Profit
Residual Income 13,332 KRW 14,916 KRW 25,769 KRW 76
ROIC Compounder 20,753 KRW 28,884 KRW 39,710 KRW 72
Growth Earnings
Growth-Adj P/E 20,634 KRW 29,478 KRW 38,321 KRW 68

Widest divergence: DCF Models (31,106 KRW) versus Asset-Based (10,018 KRW). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 646B KRW
Revenue growth (YoY) +10.1%
Net margin 9.1%
Return on equity 994%
Free cash flow 22.8B KRW FY2025
Operating margin 11.1%
More key figures
Dividend yield 0.7%
EPS growth (YoY) +38.9%
Net debt 11.6B KRW FY2025

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 57/100

Of which business quality 57 · Market factors (momentum, volatility) 37

Profitability 55
Margins and returns on capital today
Quality Growth 53
Are margins and returns improving?
Cashflow 24
Earnings quality: real cash, not paper profit
Fin. Strength 82
Balance sheet, leverage, solvency risk
Investment 59
Disciplined investing over empire-building
Low Volatility 40
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 31
Distance to the 52-week high (market factor)
Net Issuance 75
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

DongKook Pharmaceutical Co., Ltd. provides pharmaceutical products in South Korea and internationally. It produces active pharmaceutical ingredients, including propofol, streptokinase, and teicoplanin; disposable syringes; and pills, capsules, and ointments, as well as small volume parentral, large volume parentral, and lyophilized injectable drug …

Full company description

DongKook Pharmaceutical Co., Ltd. provides pharmaceutical products in South Korea and internationally. It produces active pharmaceutical ingredients, including propofol, streptokinase, and teicoplanin; disposable syringes; and pills, capsules, and ointments, as well as small volume parentral, large volume parentral, and lyophilized injectable drug injections. The company also offers Teicon, Durakinase, and Lorelin Depot injections; produces various natural product materials, such as black cohosh extract and magnolia extract comprises ETIZM and TECA; and natural herb medicines. In addition, it provides general and prescription-based drugs; medical devices; ETC and cosmetic products; and quasi drugs that include lipossol hydrocare bandage. DongKook Pharmaceutical Co., Ltd. also exports its products to approximately 40 countries, including Japan, Europe, Central and South America, and India. The company was formerly known as UEC & Co., Ltd. and changed its name to DongKook Pharmaceutical Co., Ltd. in March 1982. DongKook Pharmaceutical Co., Ltd. was founded in 1968 and is headquartered in Seoul, South Korea.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

DongKook Pharmaceutical Co reported revenue of 927B KRW in FY2025 versus 594B KRW in FY2021, a compound +11.8%/yr. Reported net income was 66.0B KRW in FY2025, compounding +7.0%/yr from FY2021.

Growth Quality 73/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
927B KRW
Latest YoY
+14.1%
Avg. growth/yr (3Y)
+11.9%
Avg. growth/yr (5Y)
+10.6%
Avg. growth/yr (12Y)
+13.0%
Revenue +11.8%/yr
FY21 594B KRW
FY22 662B KRW
FY23 731B KRW
FY24 812B KRW
FY25 927B KRW
Net income +7.0%/yr
FY21 50.3B KRW
FY22 52.9B KRW
FY23 47.2B KRW
FY24 61.2B KRW
FY25 66.0B KRW

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Cite: Fair Value Calculator (2026). "DongKook Pharmaceutical Co Fair Value". https://www.fairvalue-calculator.com/stock/086450

Peer Group

Pharmaceuticals · 25 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 57 · Above median
Fair Value upside +67% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 9% · Top 25%
Operating margin (TTM) 11% · Above median
Revenue growth 10% · Below median
Dividend yield (TTM) 0.7% · Below median
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Pharmaceuticals median · lower = cheaper

P/FCF 0.0× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 5
FUTURE 51 · sector 60
PAST 0 · sector 0
HEALTH 99 · sector 96
DIVIDEND 15 · sector 28

Insider activity: 45/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Pharmaceuticals stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
GlaxoSmithKline Pharmaceuticals Limited 500660 ₹2,653 ₹1,471 -45%
Caregen Co 214370 62,700 KRW 7,277 KRW -88%
ST Pharm Co 237690 123,600 KRW 50,110 KRW -59%
Oscotec Inc 039200 31,050 KRW 25,062 KRW -19%
Kolon Life Science Inc 102940 30,100 KRW 37,195 KRW +24%
Huons Global Co 084110 23,800 KRW 58,482 KRW +146%
BINEX Co 053030 6,350 KRW 1,844 KRW -71%
Anterogen.Co.,Ltd., a bio-venture company, 065660 16,810 KRW 4,741 KRW -72%
EURO EURO 1.09 PHP 0.8700 PHP -20%
Kyung Dong Pharmaceutical Co 011040 4,935 KRW 6,165 KRW +25%

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Frequently asked questions

Is DongKook Pharmaceutical Co (086450) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 32,142 KRW versus a price of 19,300 KRW, about +67% (undervalued).
What is the fair value of 086450?
Our model-based fair value for DongKook Pharmaceutical Co is 32,142 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 19,300 KRW.
What is the quality score of 086450?
DongKook Pharmaceutical Co has a Quality Score of 57/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of DongKook Pharmaceutical Co (086450)?
DongKook Pharmaceutical Co reported trailing-twelve-month revenue of about 646B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 086450?
The net profit margin of DongKook Pharmaceutical Co is about 9.1%, meaning it keeps roughly 9.1% of revenue as net income. Based on the latest reported figures.
Does DongKook Pharmaceutical Co pay a dividend?
DongKook Pharmaceutical Co currently shows a dividend yield of about 0.73% relative to its recent price (as of Jul 20, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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